One question from the VC Show what was happening with Technology investments in the UK recently. I answered that things are picking up, at least in the early stage end of the market.

Today the latest BVCA (British Venture Capital Association) report on UK Investment Activity landed on my desk. The stats reflect my comments over the weekend: early stage technology investments have been increasing. They show that 54% of all companies backed were early stage, up from 45% in 2003. Additionally, UK technology continued to receive more investment than any other industry category. The full report is available to non-BVCA members for £40, and free for BVCA members.